TY - GEN
T1 - The Relationship Between Mental Effort and Social Value Orientation in Resource Allocation Problems
AU - Mizrahi, Dor
AU - Laufer, Ilan
AU - Zuckerman, Inon
N1 - Publisher Copyright:
© The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.
PY - 2024
Y1 - 2024
N2 - Resource allocation tasks are a central focus of game theory, where a player must allocate a limited set of resources among himself and others. Resource allocation tasks in game theory provide a framework for analyzing strategic decision-making in various economic, political, and social contexts. The Social Value Orientation (SVO) index is a concept used in social psychology to describe the degree to which individuals prioritize their interests over the interests of others in social dilemmas. In resource allocation tasks, the SVO may be used as an indicator to evaluate player’s behavior. In this study, an experimental set-up was built to examine the relationship between the player’s SVO index and his mental effort, which is measured by evaluating the Theta to Alpha ratio based on an EEG measurement. The results show a significant linear relationship between the player’s SVO value and its mental effort. That is, the smaller the SVO value (a more competitive player), the greater the mental effort he invests in the resource allocation task.
AB - Resource allocation tasks are a central focus of game theory, where a player must allocate a limited set of resources among himself and others. Resource allocation tasks in game theory provide a framework for analyzing strategic decision-making in various economic, political, and social contexts. The Social Value Orientation (SVO) index is a concept used in social psychology to describe the degree to which individuals prioritize their interests over the interests of others in social dilemmas. In resource allocation tasks, the SVO may be used as an indicator to evaluate player’s behavior. In this study, an experimental set-up was built to examine the relationship between the player’s SVO index and his mental effort, which is measured by evaluating the Theta to Alpha ratio based on an EEG measurement. The results show a significant linear relationship between the player’s SVO value and its mental effort. That is, the smaller the SVO value (a more competitive player), the greater the mental effort he invests in the resource allocation task.
KW - EEG
KW - Resource Allocation
KW - Social Value Orientation
KW - Theta/Alpha Ratio
UR - http://www.scopus.com/inward/record.url?scp=85200728192&partnerID=8YFLogxK
U2 - 10.1007/978-3-031-58396-4_17
DO - 10.1007/978-3-031-58396-4_17
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AN - SCOPUS:85200728192
SN - 9783031583957
T3 - Lecture Notes in Information Systems and Organisation
SP - 205
EP - 211
BT - Information Systems and Neuroscience - NeuroIS Retreat 2023
A2 - Davis, Fred D.
A2 - Riedl, René
A2 - Riedl, René
A2 - Brocke, Jan vom
A2 - Léger, Pierre-Majorique
A2 - Randolph, Adriane B.
A2 - Müller-Putz, Gernot R.
PB - Springer Science and Business Media Deutschland GmbH
T2 - 15th Annual NeuroIS Retreat, NeuroIS 2023
Y2 - 30 May 2023 through 1 June 2023
ER -